This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the law of demand, an increase in the price of a good causes A) a rightward shift of ... (Read 71 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
According to the law of demand, an increase in the price of a good causes
 
  A) a rightward shift of the demand curve for that good.
  B) a leftward shift of the demand curve for that good.
  C) an upward movement along the demand curve for that good.
  D) a downward movement along the demand curve for that good.

Question 2

Macroeconomics deals with ________ while microeconomics deals with ________.
 
  A) choices important to people; choices not important to people
  B) economywide choices; choices of individuals
  C) choices that involve money; choices that does not involve money
  D) choices of rich people; choices of poor people


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bob

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ... Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ...
How to vertically shift a sinusoidal function (y=a*sin⁡b(x−c)+d) How to vertically shift a sinusoidal function (y=a*sin⁡b(x−c)+d)
Increase in Obesity among U.S. Children and Adolescents Increase in Obesity among U.S. Children and Adolescents
The original Supply and Demand graph The original Supply and Demand graph
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Haustral churning, Gastrocolic reflex and mass peristalsis & Defecation

For a complete list of videos, visit our video library